Diploma of Finance and Mortgage Broking Management (FNS50322) study plan

Map the elective unit options against the packaging rules and select the five electives that best support a complex-lending career path

Draft a one-page summary of how the Corporations Act, the National Consumer Credit Protection Act and the Credit Code interact for a mortgage broker

List the disclosure, best-interests and conflicted-remuneration obligations that attach to each stage of a loan transaction

Build a compliance checklist covering credit licensing, credit representative status and ASIC relief instruments

Compare the five chosen elective units' performance criteria and identify the evidence each requires

Role-play three client discovery conversations and record which relationship-building behaviours you demonstrated

Draft a referral-partner engagement plan naming accountants, conveyancers and real estate agents with a contact cadence

Differentiate the broker's role from that of the lender, solicitor and financial adviser in a written client-facing explainer

Conduct a structured needs analysis for two contrasting borrower scenarios and document objectives, priorities and risk tolerance

Compare at least four loan products across rate, fees, features and lender policy, and justify a recommendation

Complete two full loan application packs including servicing calculations and supporting document checklists

Identify and correct the three most common causes of application decline or resubmission

Categorise special financial circumstances into income, credit history, deposit and security dimensions and note the lender policy response to each

Identify three lender or insurer pathways suited to non-standard income and self-employed borrowers

Prepare a credit options paper for a client with impaired credit history, including remediation steps and timeframes

Present two credit options verbally to a client scenario and record the disclosures and consent obtained

Design a complex loan structure using a split facility, offset and guarantor arrangement, and explain the tax and risk implications

Model the servicing impact of a trust or company borrower structure and identify the documentation required

Reconcile a lender's policy exceptions against the client's objectives and document the justification for proceeding

Stress-test a proposed structure against a two per cent rate rise and a twelve-month income interruption

Apply a recognised ethical decision-making framework to three dilemma scenarios drawn from broking practice

Identify conflicts of interest in a commission-based remuneration model and document how each would be managed and disclosed

Build a risk register for a broking business covering compliance, credit, operational and reputational risks with likelihood and consequence ratings

Draft a professional development plan aligned to the industry code's education and conduct expectations

Complete a timed practice assessment for each chosen elective unit and log every incorrect answer with the underlying knowledge gap

Re-read the Credit Code provisions on unsuitable contracts and responsible lending and test yourself on the assessment triggers

Review file-keeping, privacy and anti-money-laundering obligations and audit one of your earlier application packs against them

Consolidate all eight domains into a single-page formula and definition sheet for rapid recall

Sit two full-length timed mock exams under exam conditions and score each against the domain weightings

Re-teach your three weakest domains from the gap log and rewrite the affected recall sheet entries

Rehearse written responses to scenario questions on complex structures and special circumstances within time limits

Finalise a one-page exam-day strategy covering question sequencing, time per item and flag-and-return rules